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Energy

  • North Sea body and unions warn offshore workers against wildcat strikes

    September 7, 2022

    The UK's leading North Sea body has warned against wildcat strikes tomorrow, as have unions including GMB, RMT and Unite.

  • Russia ratchets up tensions with the West as it calls for grain deal to be reopened

    September 7, 2022

    Grain deliveries from Ukraine in jeopardy after Russian President Vladimir Putin called for its deal with the West to be reopened.

  • Kistos reports pandemic rebound powered by soaring oil and gas prices

    September 7, 2022

    Kistos has reported robust earnings for the first six months of the year, boosted by increased production and near-record gas prices.

  • ‘Be careful what you wish for’: OEUK warns against expanding windfall tax

    September 7, 2022

    Windfall taxes are a "really blunt" instrument that threatens to deter investment in the North Sea, warned OEUK's boss Mike Tholen.

  • All about that BEIS: Rees-Mogg’s hefty in-tray as winter crisis looms

    September 7, 2022

    The incoming Secretary of State has a hefty in-tray to deal with - with the Government pushing to boost domestic energy generation.

  • The price cap freeze: It’s not good, but it’s not the worst

    September 7, 2022

    With the Liz Truss facing a host of bad options, a transparent freeze on the energy price cap might be the least bad of the lot.

  • Siemens refutes Gazprom claims for Nord Stream pipeline shutdown

    September 6, 2022

    Gazprom's claims that the Nord Stream 1 pipeline is down due to faulty equipment were called into question by Siemens Energy.

  • Energy firms welcome price cap freeze as Truss leans towards £100bn package

    September 6, 2022

    Energy bosses have welcomed reports that Liz Truss is edging towards a price cap freeze to stave off spikes in the price cap this winter.

  • Going Nuclear: France to name new EDF boss within days

    September 6, 2022

    France will select the new boss of state-controlled power giant EDF in the next few days, revealed the country's Finance Minister.

  • EnQuest rebounds with massive profits powered by commodities boom

    September 6, 2022

    North Sea operator EnQuest has raked in pre-tax profits of $416m fuelled by soaring oil and gas prices and robust production.

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